Originally Posted by HardcoreFXFour
I haven't had a line of credit for very long, so my rate isn't as good as I'd like it to be. Hopefully if I stay out of debt and pay my bills I'll be able to get rates lower than 12%. It just takes time.
I would honestly suggest you talk to a credit counselor, just to learn the ins and outs of what affects your credit score and thus interest rates. I didn't see a credit counselor until I was 25, and even though I had good credit I learned a lot. I wish I had gone when I was 18 and took my first auto loan.